Fortis Inc. (FTS) Gross Profit (2015 - 2026)
Fortis (FTS) recorded Gross Profit of $1.6 billion in the quarter ended Jun 30, 2026, up 5.5% from $1.52 billion a year earlier but down 6.0% from the prior quarter.
Fortis Inc. (FTS) Gross Profit (2015 - 2026) Analysis & Trends
On a TTM basis, Fortis' Gross Profit came in at $6.48 billion as of Jun 30, 2026, up 5.2% year-over-year; for the year ended Dec 31, 2025, it was $6.3 billion, up 6.5% from the prior year.
- Annual Gross Profit has increased for seven straight years, with a five-year compound annual growth rate of 5.2% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Gross Profit came in at $5.91 billion in the year ended Dec 31, 2024 (+3.0%), $5.74 billion in the year ended Dec 31, 2023 (+5.3%), $5.45 billion in the year ended Dec 31, 2022 (+5.8%) and $5.15 billion in the year ended Dec 31, 2021 (+5.4%).
- Quarterly Gross Profit has ranged from $1.25 billion in the quarter ended Sep 30, 2021 to $1.7 billion in the quarter ended Mar 31, 2026 over the past five years.
- On a year-over-year basis, Gross Profit has increased for 22 consecutive quarters, with growth averaging 4.7% over the last eight quarters.
- The year-over-year growth in Gross Profit has ranged between 1.5% (the quarter ended Jun 30, 2023) and 8.4% (the quarter ended Dec 31, 2021) over the last five years.
- Per Business Quant, the preceding three quarters came in at $1.7 billion (quarter ended Mar 31, 2026), $1.59 billion (quarter ended Dec 31, 2025) and $1.58 billion (quarter ended Sep 30, 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.60 Bn |
| Mar 31, 2026 | 1.70 Bn |
| Dec 31, 2025 | 1.59 Bn |
| Sep 30, 2025 | 1.58 Bn |
| Jun 30, 2025 | 1.52 Bn |
| Mar 31, 2025 | 1.60 Bn |
| Dec 31, 2024 | 1.55 Bn |
| Sep 30, 2024 | 1.49 Bn |
| Jun 30, 2024 | 1.43 Bn |
| Mar 31, 2024 | 1.57 Bn |
| Dec 31, 2023 | 1.46 Bn |
| Sep 30, 2023 | 1.45 Bn |
| Jun 30, 2023 | 1.35 Bn |
| Mar 31, 2023 | 1.48 Bn |
| Dec 31, 2022 | 1.40 Bn |
| Sep 30, 2022 | 1.34 Bn |
| Jun 30, 2022 | 1.33 Bn |
| Mar 31, 2022 | 1.38 Bn |
| Dec 31, 2021 | 1.35 Bn |
| Sep 30, 2021 | 1.25 Bn |
Fortis Inc. Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=FTS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "FTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=FTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();